Heading into the USDA’s July WASDE report on Friday, WPI offers our outlook on the 2025/26 U.S. grain balance sheets and the season-average price. The big theme from this effort is that 2025/26 grain supplies will be ample and markets will have to move lower to stimulate enough demand to avoid a large build-up in stocks. WPI’s models are most bearish corn and sorghum where large acreage and supplies in the former market will pressure prices in both. WPI’s models are somewhat neutral wheat for the 2025/26 crop year though prices are expected to increase significantly later this year and offer substantial returns to storage. The only market to receive a bullish outlook from WPI is soybeans, where an optimistic view of the 20...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.